AfrimatJSE:AFT +1.96%71 EV-to-FCF is 11,014.62 as of Jul. 04, 2026, which is 69657% above its 10-year median of 15.79. GuruFocus rates JSE:AFT with a GF Score™ of 71/100 and a GF Value™ of R97.63 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 272 Building Materials companies, Afrimat ranks worse than 99.63% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Afrimat's Enterprise Value is R6,521 Mil.
Afrimat's Free Cash Flow for the trailing twelve months (TTM) ended in Feb. 2026 was R1 Mil. Therefore, Afrimat's EV-to-FCF for today is 11,014.62.
The historical rank and industry rank for Afrimat's EV-to-FCF or its related term are showing as below:
JSE:AFT'
s EV-to-FCF Range Over the Past 10 Years
Min: -31.45 Med: 15.79 Max: 13377.8
Current: 10830.16
During the past 13 years, the highest EV-to-FCF of Afrimat was 13377.80. The lowest was -31.45. And the median was 15.79.
JSE:AFT's EV-to-FCF is ranked worse than 99.63% of 272
companies
in the Building Materials industry
Industry Median: 18.03
vs JSE:AFT: 10830.16
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Afrimat's share price for today is R28.04.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Afrimat's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2026 was R0.791.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Afrimat EV-to-FCF Related Terms
Afrimat EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Afrimat's EV-to-FCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Building Materials subindustry, Afrimat's EV-to-FCF, along with its competitors' market caps and EV-to-FCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Afrimat EV-to-FCF vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Afrimat's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Afrimat's EV-to-FCF falls into.
Afrimat's current Enterprise Value is R6,521 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Afrimat's Free Cash Flow for the trailing twelve months (TTM) ended in Feb. 2026 was R1 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Afrimat (JSE:AFT) has a EV-to-FCF of 11,014.62 as of Jul. 04, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Afrimat and its competitors. This is 69657% above median its historical median of 15.79. According to the industry distribution chart, Afrimat ranks #271 out of 272 companies in the Building Materials industry, placing it in the top 99.6%.
Is Afrimat's EV-to-FCF too high?
Afrimat's current EV-to-FCF of 11,014.62 is 69657% above median its 10-year median of 15.79. The Building Materials industry median EV-to-FCF is 18.03. Afrimat's value of 11,014.62 is 60990.5% above this industry median. Based on the distribution chart, Afrimat ranks #271 out of 272 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Afrimat has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Afrimat's EV-to-FCF compare to CRH and VMC?
According to the Building Materials industry distribution chart, Afrimat ranks #271 out of 272 companies for EV-to-FCF. This places Afrimat in the lower half of its industry. The industry median EV-to-FCF is 18.03. Afrimat's value of 11,014.62 is 60990.5% above this benchmark. While the company's 10-year median is 15.79 vs. the industry median of 18.03, Afrimat has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Building Materials company?
The median EV-to-FCF among Building Materials companies is 18.03, based on 272 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Afrimat's current EV-to-FCF of 11,014.62 is 60990.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Afrimat and its competitors. For the Building Materials industry, the median EV-to-FCF is 18.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Afrimat's current EV-to-FCF is 11,014.62, which is 69657% above median its own 10-year median of 15.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afrimat stock overvalued right now?
Based on GuruFocus' analysis, Afrimat (JSE:AFT) is currently considered Significantly Undervalued. The stock's GF Value™ is R97.63, compared to a current price of R28.04 — trading 71.3% below its estimated fair value. The current EV-to-FCF is 11,014.62, which is 69657% above median its 10-year median of 15.79 and 60990.5% above the Building Materials industry median of 18.03. Afrimat's overall GF Score™ is 71/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Afrimat (JSE:AFT), the current EV-to-FCF is 11,014.62 as of Jul. 04, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Afrimat (JSE:AFT) Overvalued in 2026?
Based on GuruFocus' analysis, Afrimat stock appears to be undervalued.
The current stock price of R28.04 is trading 71.3% below its estimated GF Value™ of R97.63.
GuruFocus considers Afrimat to be Significantly Undervalued.
Key valuation signals for JSE:AFT:
EV-to-FCF: 11,014.62 (69657% above median its 10-year median of 15.79)
GF Value™: R97.63 vs. price of R28.04 (71.3% below fair value)
Industry Position: 60990.5% above the Building Materials median (#271 of 272)
No single metric tells the full story. See the JSE:AFT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Afrimat Ltd is a South Africa-based company. It has five segment Construction Materials, Industrial Minerals, Bulk Commodities, Future Materials and Metals, and Services. The company generates majority of revenue from Construction Materials comprises two distinct product segments: Aggregates and Cement. Aggregates include the sale of sand, gravel, crushed stone, and concrete-based products. Concrete-based products are produced using rock, sand, water, cement, and readymix concrete are typically used in various construction applications. The segment also includes the processing and sale of fly-ash, a by-product used to enhance concrete performance. Cement consists of the manufacturing and supply of cement. The Group views the entire southern African region as a single geographical area.
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